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Realtors Demonstrate Support for Home Ownership

By Mike Wheatley | May 18, 2012

Over 13,000 realtors showed up to support last Thursday’s Rally to Protect the American Dream, while thousands more took part in a virtual rally, sending a clear warning to policymakers in Washington DC – home ownership is vital and needs to be protected.

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The rally, which took place by the Washington Monument on National Mall in the capital, saw numerous speakers repeat those sentiments as they took turns to address the crowd, reported Realtor Mag.

Leading the cheers was Lawrence Yun, the NAR’s chief economist, who stressed that mortgage interest deductions belong to the American people, rather than politicians looking to boost their tax revenues.

Steny Hoyer,  U.S. Representative for Maryland's 5th congressional district and a Democrat, also took to the stage, taking the opportunity to urge Congress to listen to the opinions of realtors when it comes to crafting the country’s policies on real estate.

“God bless all of you, America is better for what you do,” Hoyer told the cheering crowds.

Hagan Stone, RPAC fundraising chair for Tennessee and a realtor in Brentwood, Tenn., told Realtor Mag that the government needed to ensure real estate was at the forefront of their economic policies. Moreover, the government should pull out all the stops to avoid harming the housing industry any further.

“I’ve never seen anything like this,” said Stone. “This makes me incredibly proud to be part of the National Association of REALTORS®."

Chris Polychron, a realtor from Hot Springs, Arkansas, and nominee for the NAR’s 2013 First Vice President, echoed those sentiments, saying “I’ve never been more proud. We’re not here for ourselves, we’re here for the American homeowner.”

Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at [email protected].
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